California Innovation: Governor's New Strategy

Chuck Neeley

Governor Schwarzenegger released a new strategy in late December on innovation.  While this specific initiative targets four specific projects, I believe it is indicative of the type of initiative that is vital, even in Nevada County.  The article is a good read, and contains some amazing facts.   Here is an excerpt from California Capitol Hill Bulletin:
" The initiative budgets $95 million in funds for projects in key innovation sectors in hopes of attracting students, researchers, and business to California.  California, the nation's leader in innovation, is home to more scientists, engineers and researchers than any other state.  California receives almost half of all venture capital funding in the nation and almost a third of all venture capital funding in the world.  In addition, the state accounts for nearly half of the nation's biotechnology research and development funding and generates more than half of the nation's revenues.   The Governor's Strategic Research and Innovation Initiative will support major projects in key innovation sectors: "clean" technology, biotechnology, and nanotechnology.  Specifically, the initiative funds: the Helios Project, the Energy Biosciences Institute, the California Centers for Science and Innovation, and the Petascale Supercomputer.   For more information please visit:
http://gov.ca.gov/index.php?/fact-sheet/5002/   "